Fressnapf merges country subsidiaries

Fressnapf intends to merge its country subsidiaries in Austria and Switzerland into an Alpine Region partner alliance with a joint management team and headquarters, according to some media sources in the two countries.
The merger will also entail personnel changes by September. Hermann Aigner, previously managing director of the Austrian country subsidiary of the Fressnapf Group, will take charge of the new Alpine Region. He will be supported by a transnational, five-person management team recruited from the previous top executives of the companies.
Christian Malzach, who has been managing director of the Swiss subsidiary up to now, will leave the Fressnapf Group on completion of the merger. A small number of other positions that will be rendered redundant in their previous form by the merger are also likely to be shed.